Act No. 6287 (23rd Legislature)
Act No. 6287 (BILL NO. 23-0082) (Approved August 17, 1999) The Short Term Revenue Enhancement Act of 1999 Be it enacted by the Legislature of the Virgin Islands: SECTION 1. This Act shall be known and may be cited as "The Short Term Revenue Enhancement Act of 1999". SECTION 2. Title 22, Chapter 31, Virgin Islands Code is amended as follows: 1. Section 764, subsection (a), is amended by striking the figure "$2,500" wherever it appears and inserting the figure "$10,000" in lieu thereof. 2. Section 779, subsection (a), Virgin Islands Code, is amended by striking the figure "$2,500" wherever it appears and inserting the figure "$5,000" in lieu thereof. SECTION 3. (a) Title 22, Section 659, subsection (b), Virgin Islands Code, is amended as follows: 1. Strike the sum "$1,500,000" and insert the sum "$7,000,000" in lieu thereof. 2. Strike the sum "$500,000" and insert the sum "$2,500,000" in lieu thereof. (b) Title 22, Section 759, Virgin Islands Code is amended as follows: 1. Strike paragraph (4) of subsection (a) in its entirety. 2. Strike subsection (b) in its entirety. SECTION 4. …
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